Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3325 Jack Kultgen Expwy Waco, TX 76711
    Back to Search
    Property profile & analytics

    3325 Jack Kultgen Expwy, Waco, TX 76711

    View on Map
    • Warehouses
    • 12,468 SF
    • 3.03 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3325 Jack Kultgen Expwy

    Lot size
    3.03 lot acres
    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional 12,468-square-foot industrial warehouse, situated on a 3.03-acre lot in Waco, Texas, presents a compelling investment opportunity. Located on IH 35, the property boasts excellent access and high visibility, ensuring significant exposure. The building features a substantial 3,400-square-foot office space, complete with a large showroom, ideal for a variety of uses. The warehouse itself offers 11 grade-level doors, each measuring 14x13 feet, providing convenient access for loading and unloading. Clear heights range from 16 to 18 feet, accommodating various storage and operational needs. The property also includes a fenced yard with an asphalt top, enhancing security and functionality. Three-phase power is readily available, catering to businesses requiring significant electrical capacity. Currently vacant, this property offers immediate occupancy and the potential for customization to suit specific business requirements. The Net Net Net (NNN) lease type provides flexibility for potential tenants. This prime location in McLennan County, with its address at 3325 Jack Kultgen Expwy, Waco, TX 76711, makes it an attractive proposition for businesses seeking a strategic presence in the Waco market. The asking price is $2,300,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1374
    Latitude
    31.5182

    Comparable in this City

    • Value Estimation by Request
      3.08 Acres

      914 Valley Mills Dr

      Land
      914 Valley Mills Dr, Waco, TX 76711
      View Details
    • Value Estimation by Request
      0.96 Acres

      New Rd

      Land
      0 New Rd, Waco, TX 76711
      View Details
    • Value Estimation by Request
      0.78 Acres

      914 Valley Mills Dr

      Land
      914 Valley Mills Dr, Waco, TX 76711
      View Details
    • Value Estimation by Request
      1.23 Acres

      2305 New Rd

      Land
      2305 New Rd, Waco, TX 76711
      View Details
    • Value Estimation by Request
      0.98 Acres

      914 Valley Mills Dr

      Land
      914 Valley Mills Dr, Waco, TX 76711
      View Details
    • Value Estimation by Request

      1601 Valley Mills Dr

      Land
      1601 Valley Mills Dr, Waco, TX 76711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,468 SF

      Industrial Property on IH 35

      Industrial property with fenced yard, great access, and visibility.
      3325 Interstate 35 S, Waco, TX 76711
      View Details
    • Contact for pricing

      Land For Sale Waco, TX

      Land available for sale in Waco, Texas.
      2305 S New Rd, Waco, TX 76711
      View Details
    • Contact for pricing

      Single-Tenant Industrial Investment Opportunity

      Industrial property fully leased to Hydradyne, a national distributor.
      2901-2909 Speight Ave, Waco, TX 76711
      View Details
    • Contact for pricing

      Land Available in Waco, Texas

      Land for sale at 4800 Bagby Ave, Waco, TX.
      4800 Bagby Ave, Waco, TX 76711
      View Details
    • Contact for pricing

      Retail Lot on Corner Location

      One acre retail lot at corner of S New Road.
      S New Rd, Beverly Hills, TX 76711
      View Details
    • $3,449,940
      2.64 Acres

      Commercial Land with Highway Visibility

      2.64-acre commercial tract with high visibility off I-35.
      000 S Jack Kultgen Expy, Waco, TX 76711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,666 SF

      Industrial Property with Fenced Yard

      Industrial property featuring a showroom, offices, and convenient loading access.
      1900 Loop 340 W, Woodway, TX 76711
      View Details
    • Contact for pricing
      1,250 SF

      Warehouse Space with Office

      1,250 SF warehouse with office space for lease.
      2000 Loop 340 W, Woodway, TX 76711
      View Details
    • Contact for pricing

      Commercial Pad Sites For Rent

      Commercial pad sites available for rent.
      S New Rd, Waco, TX 76711
      View Details
    • $100,000

      Prime Commercial Land Near HEB

      0.85-acre commercial land for lease near high-traffic HEB.
      1821 Valley Mills Dr S, Waco, TX 76711
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Amazon Center

      Retail space adjacent to Central Texas Marketplace and Amazon distribution.
      2316 Loop 340 W, Waco, TX 76711
      View Details
    • Contact for pricing
      2,482 SF

      Freestanding Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru, prime frontage on Valley Mills.
      1709 S Valley Mills Dr, Waco, TX 76711
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3325 Jack Kultgen Expwy
    Waco, TX 76711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3325 Jack Kultgen Expwy, Waco, TX, 76711
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!